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Indonesia’s central bank expects billions of foreign funds to return – supporting the rupiah
The Indonesian rupiah is expected to strengthen further against the U.S. dollar as foreign investors pile billions back into the country’s financial market ...
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Crossborder CBDC, DLT projects planned by central bank innovation hub
The Bank for International Settlements (BIS) Innovation Hub outlined its roadmap of work with central banks, which includes several central bank digital currency (CBDC) projects ...
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Comesa pushes for financial inclusion
The Common Market for Eastern and Southern Africa through its Business Council (CBC) and the Trade and Development Bank, has partnered in spearheading ...
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MTN Ghana gets approval to buy back shares
MTN Ghana, has received approval from the Country’s Securities and Exchange Commission (SEC) to buy back over one million shares of applicants, who ...
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Bitcoin under scrutiny as South Africa’s largest alleged ponzi scheme is probed
South Africa’s finance-industry regulator wants more power to prosecute perpetrators of fraud and oversee dealing in cryptocurrencies after the collapse of a Bitcoin ...
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CBK collects KSh 20.3 Billion from T-Bills Auction
The Central Bank of Kenya (CBK), the Government’s fiscal agent received bids worth KSh 20.3 Billion at the Weekly Treasury Bills Auction conducted ...
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Bank of England governor warns Bitcoin’s days are numbered
The governor of the Bank of England, Andrew Bailey, has warned the crypto sector that digital currencies such as Bitcoin will not last ...
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TrueLayer launches payments-as-a-service product
Open Banking API provider, TrueLayer has launched its first payments product, providing firms with the ability to onboard customers and bypass card schemes ...
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Paris-based Kili Technology lands €5.7 million to expand its data labelling platform
Kill Technology, a Paris-based annotation tech startup, has just closed its first round of €5.7 million raised from venture capital funds Serena Capital ...
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Mastercard to raise fees by at least 400% for EU firms selling to UK customers
Mastercard is to increase the fees EU firms face to take payments from online shoppers from the UK by at least 400%, in ...